Global Oil Prices Drop Over 1% Following Saudi Slashes Its Prices
Saudi Arabia reduced the official selling price (OSP) of its flagship Arab Light crude to Asia ...
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Saudi Arabia and UAE Officially Joined BRICS
Saudi Arabia and the United Arab Emirates (UAE) have officially joined BRICS from Jan 1, 2024. ...
US to Set a Global Record for Highest Oil Production by Any Country Ever
The President of the United States, Joe Biden, wants to end the use of fossil fuels ...
Oil Investors are Worried About Various Concerns Amidst Oversupply in 2024
Global oil investors will be waiting for the supply data from the first quarter from OPEC+ ...
COP28 Approves a Deal for “phase out” of Fossil Fuels
President Sultan Al-Jaber, the President of COP28, approved the central document for the global stocktake concerning ...
Energy Giants’ Promises at COP28 Fail to Impress ESG Investors
The COP28, hosted by an OPEC member, the United Arab Emirates, registered a record attendance from ...
GCC Economy Projected to Expand 3.7% in 2025: World Bank
It was reported in the Gulf Economic Update, which also mentioned that the GCC would grow ...
Oil Majors Pour Billions Into M&A To Defy Predictions Of Energy Experts
The International Energy Agency (I.E.A.) published a comprehensive report showcasing that the demand for non-renewable fuels ...
ADIPEC 2023: UAE Unveils Bold Clean Energy Goals
Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023, which began on October 2 and will ...
How did UAE Outpace Saudi Arabia In the Oil Market?
The United Arab Emirates (UAE) has ramped up its oil production amidst global turmoil. Simultaneously, its ...
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